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Lion Point Capital Declares 50 Percent Stake in Ditech

December 27, 2018
Paul Muolo
The investment banking firm Houlihan Lokey has been fielding offers for Ditech…
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Short Takes: Wells Fargo Executive Takes a Job with UCM / The NAR is Not Happy with FEMA / No Word From Peter Bell and NRMLA / Fannie Mae Director Haywood Moves On / Trouble in the Sandbox

December 27, 2018
Brandon Ivey and Paul Muolo
The National Association of Realtors is none too happy with FEMA's actions during the government shutdown...
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Surprise: Production-Related Activity Saw Profit Boost in 3Q18

December 27, 2018
John Bancroft
However, servicing income was down substantially…
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Dems Select Rep. Waters as the First Woman Chair of the HFSC, Mulvaney Put on Notice

December 26, 2018
Dennis Hollier
Rep. Waters to Mick Mulvaney: “I am writing to inform you that while your time running the Consumer Bureau may be over, the time for accountability for your actions is about to begin.”
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Have Yourself a Merry Little … Okay Maybe Not in 2019. Lenders Feeling Anxious These Days

December 21, 2018
Brandon Ivey
The profit margin outlook has declined for nine consecutive quarters…
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As Expected, OCC Chief Otting Tapped by White House to be Interim FHFA Director

December 21, 2018
Paul Muolo
Joseph Otting will be joining the Trump administration's "two-hat" club...
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What We’re Hearing: The Senate Waiting Game and Mark Calabria / What Might Mnuchin Come Up With? / Otting and Mnuchin and One West / Angelo Mozilo Makes it Rain Once More / MorVest’s MSR Auction / George Bailey Lives (A VA Story) / A Short Publishing Brea

December 21, 2018
Paul Muolo
The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...
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Mortgage Debt Outstanding Approaching Pre-Crash High Set Back in March 2008

December 20, 2018
John Bancroft
Banks, savings institutions and credit unions held a combined $3.005 trillion of unsecuritizedsingle-family mortgages in portfolio as of Sept. 30…
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Kraninger Kicks the BCFP Name to the Curb, Though Not Entirely

December 20, 2018
Yemeng Yang
Kathy Kraninger: “In other words, we have a legal name but will be using our colloquial name and the branded acronym ‘CFPB.’”
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Whole-Loan Mortgage Servicing Grew Slightly Faster than Agency Market in Third Quarter

December 20, 2018
The universe of home mortgage debt outstanding continued to expand gently during the third quarter of 2018, with slightly faster growth in the non-agency sector, according to a new Inside Mortgage Finance analysis and ranking. [Includes two data charts.]
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